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Main Activities

The company's primary activity, formerly Reliance General Insurance and now IndusInd General Insurance Company Limited, is general insurance. It offers a wide range of insurance products designed to protect individuals, families, businesses and professionals against various financial and unforeseen risks.

Products and services offered :

  • Motor insurance : Insurance for private cars, commercial vehicles, buses, taxis, two-wheelers, including third-party, comprehensive, long-term policies, and "Pay As You Drive" options.
  • Health insurance : Coverage for medical expenses, hospitalization, critical illnesses, supplementary health cover, insurance for persons with disabilities, maternity insurance, and international health insurance.
  • Travel insurance : Protection for international and domestic travel, including Schengen insurance, for students, seniors, multiple-trip policies, covering medical expenses, baggage loss, cancellations, etc.
  • Personal accident insurance : Coverage in case of accidental injury, disability or accidental death.
  • Insurance for businesses and SMEs : Fire insurance, engineering risks, cargo/marine transit insurance, liability insurance, professional indemnity insurance, insurance for directors and officers, multi-risk insurance for merchants, agricultural insurance (Pradhan Mantri Fasal Bima Yojana), machinery and construction equipment insurance, etc.

Target market :
The company targets a broad audience in India: individuals (vehicle owners, families, travelers, students, seniors), healthcare professionals, merchants, SMEs, large corporations, farmers and any organization requiring insurance solutions tailored to its specific risks.

History

IndusInd General Insurance Company Limited, formerly known as Reliance General Insurance Company Limited, is one of the leading general insurance companies in India. Here are the major milestones in its history and development:

Establishment and evolution:
The company was founded in 2000 under the name Reliance General Insurance Company Limited. It experienced rapid growth thanks to a wide range of insurance products tailored to the needs of individuals, businesses, and SMEs. In 2026, the company changed its name to IndusInd General Insurance Company Limited, marking a new strategic phase and a brand repositioning.

Products and innovations:
IndusInd General Insurance offers more than 100 insurance products covering the following areas: motor insurance (car, two-wheeler, commercial vehicles), health insurance (individual, family, senior, critical illness, top-up, etc.), travel insurance (international, Schengen, Asia, multi-trip, student, senior), personal accident insurance, as well as numerous solutions for businesses (fire, liability, marine, professional indemnity, etc.).

The company stands out for its innovation, with offerings such as “Pay As You Drive” insurance for cars, mobile applications for policy and claims management, and partnerships with major automobile manufacturers (Hyundai, Mahindra, Toyota, Maruti Suzuki, Tata Motors) and two-wheeler manufacturers (Honda, Bajaj, Hero, TVS, Yamaha, Royal Enfield, Suzuki, Kawasaki).

Partnerships and network:
IndusInd General Insurance relies on a vast network of more than 11,000 partner garages and 10,000 partner hospitals across India, as well as 129 local branches. It has also established strategic partnerships with major companies and institutions to offer customized solutions.

Acquisitions and strategic changes:
The name change in 2026, from Reliance General Insurance to IndusInd General Insurance, is part of a repositioning strategy and integration within the IndusInd International Holding Ltd. group. This change aims to strengthen the brand and broaden the range of services, while maintaining a focus on quality, innovation, and customer satisfaction.

Awards and certifications:
The company has received numerous awards, including “General Insurance Company of the Year” (private sector), “Best Brands 2022” by The Economic Times, and distinctions for technological innovation and customer experience. It is certified ISO 27001:2022 (information security), ISO 31000 (risk management), and ISO 9001:2015 (quality).

Key figures:
- More than 5 crore (50 million) insured customers
- More than 1.26 crore (12.6 million) claims settled
- More than 100 insurance products
- Presence throughout India with an extensive network of partners and branches

Conclusion:
IndusInd General Insurance has established itself as a major player in general insurance in India thanks to a strategy of innovation, product diversification, strong partnerships, and a strong commitment to customer satisfaction and quality of service.

Team

The founder of the Reliance Group, to which Reliance General Insurance belongs, is Dhirubhai Ambani. After his death, the management of the group was divided between his two sons, Mukesh Ambani and Anil Ambani. Reliance General Insurance is part of the Reliance Group led by Anil Ambani.

Regarding the management team of Reliance General Insurance, the main members are:
Rakesh Jain – Chief Executive Officer (CEO)
Rakesh Kaul – Executive Director & Chief Distribution Officer
Vikas Mittal – Chief Financial Officer (CFO)
Ajay Bimbhet – Chairman

As for banking, Reliance does not have a major commercial bank under the same name, but the group has interests in the financial sector through Reliance Capital.

For more information and the full list of the management team, you can visit the official website of Reliance General Insurance: https://www.reliancegeneral.co.in

Fundraising